Category: Ideas

Ideas, Leadership

When someone says “why reinvent the wheel?”

When someone says “Why reinvent the wheel?” , I am tempted to think that the person is trying to maintain the status quo and avoid change, change that is inevitable, change that is better embraced than resisted. I do agree that there could be times and situations where you really do not need to reinvent the wheel.  However, I believe that if you put your thoughts on a topic, you can always find ways to improve upon your previous attempts. It is even more important if you are talking about any of the important functions in your organizations like sales, […]

Ideas, Innovation, Leadership

Leading a culture of Innovation

I came across this great video where Kevin & Jackie Freiberg talk about how to lead with a culture of innovation. One thought that stands out for me from this video is one question: What happens if we start a culture of planned obsolescence of all our products? I think this one question will differentiate between companies that will thrive and those that will lose their way! First, lets listen to what they have to say.. [youtube=http://youtu.be/7XGlwdiyMdA] Now, I have tried to summarize what the Friebergs talk about below: Innovation happens when you learn to “be comfortable being “uncomfortable””. This […]

Ideas

How do you innovate “Innovation” ..

A couple of days ago, I submitted my entry for the HBR/McKinsey M-Prize Challenge run by Management Exchange. This challenge is about “Innovating Innovation” and will be judged by some of the greatest thinkers in innovation. You can find below my submission for the challenge. If you like my thoughts, request you to vote for my submission here. SUMMARY Its not the lack of ideas that stops organizations from being innovative, but the way resources are allocated & employees rewarded that is the key. We need to change the way we set and manage KPI’s, the way we allocate funds (quarterly budgeting […]

Ideas

About Greenway – An intelligent way to navigate your city without getting into traffic Jams

Greenway is an innovative navigation system which significantly reduces CO2 emissions of cars and therefore protects the environment. The system orchestrates the traffic through a distributed routing algorithm in an optimal way. Ordinary navigation systems divert traffic jams onto smaller streets after they occurred, whereas Greenway actively prevents traffic jams. This is possible because Greenway reserves timeslots for cars on the streets. With this technique, Greenway knows the position of participating cars for any given point in time, including the future.The heart of the system is an optimized graph traversal algorithm that calculates shortest paths in a matter of milliseconds. […]

Business Model, Ideas

Education Unleashed: Now It’s All Up To You

Education Unleashed: Now It’s All Up To You. Very interesting and informative piece, put together by John Mayerhofer, Vice President, Innovation, SAP. Notes section has a lot of information on all the resources currently available for anyone who wants to learn (anything). I have taken a course on Coursera and can talk by experience that this is a great tool for continuous education for anyone with an internet connection and a will to learn. In my opinion, education as a sector is ripe for complete disruption and online education offerings will play a big part in this disruption. The current education […]